June smartphone imports soar to 3-year high of Rs 2,225 cr by value, nearly six times from May

Market experts expect the imports to soar even higher for July as the rollover impact of the 10-day backlog caused by customs scrutiny of imports of phone parts in the last week of June caused a near washout in production for Chinese brands like market leader Xiaomi, Vivo, Oppo and Realme, who dominate the world’s second largest smartphone market.

https://ift.tt/3fh6HIL